California has officially asked the Biden administration for permission to ban the sale of new gasoline and diesel vehicles by 2035—an unprecedented move that will deny millions of Americans the ability to choose for themselves the types of cars or trucks they want to drive. The decision is entirely up to President Biden...
AFPM President and CEO Chet Thompson issued the following statement on the Environmental Protection Agency’s (EPA’s) proposal of light- and heavy-duty vehicle GHG emission standards: "EPA's proposal to effectively ban gasoline and diesel vehicles is bad for consumers, the environment, our freedom of mobility and U.S. national security. It’s unconscionable that the Administration would propose this knowing full well that China controls 80% of global battery production capacity..."
H.R. 1 is an investment in U.S. energy security. Fuel and petrochemical manufacturers, and the energy infrastructure companies that make it possible to get our feedstocks and products from point A to point B, welcome the additional clarity and regulatory certainty this legislation will provide.
AFPM issued the following statement on the passage of California legislation that will empower the state’s unelected bureaucracy to impose an effective windfall tax and massive regulatory burden on the state’s remaining refineries. "...Add this legislative cocktail to the list of self-inflicted policy wounds for a state already bleeding people."
In a tight refined product market it has been U.S. refiners that have stepped up. Our industry ran full-out for most of 2022 making sure American consumers, our domestic economic centers and our allies had enough gasoline, diesel and jet fuel to keep everyone moving. Our refining sector leads the world in liquid fuel production and is effectively doing more than any other to bring better balance to the global market.
AFPM statement on EPA’s decision to grant Midwest petitions to eliminate RVP waiver for summertime gasoline
AFPM Senior Director of Fuels & Vehicle Policy Patrick Kelly today issued the following statement on EPA's announcement that it will grant requests from eight Midwestern states to remove the 1.0 psi RVP waiver from summertime gasoline effective next year. If implemented, these states will no longer be able to sell the current blend of summertime gasoline and a new grade of gasoline will need to be manufactured and supplied to the region.
Eight midwestern governors have petitioned the EPA seeking to opt their states out of the federal 1-pound Reid Vapor Pressure (RVP) waiver which is a requirement to sell the current summertime blend of E10 gasoline. If these requests are granted, the E10 gasoline currently sold in most of the country during summer months will no longer be offered for sale in these states and annual costs to introduce a new gasoline bend will range from $500-$800 million each year.
AFPM President and CEO Chet Thompson issued the following statement in response to President Biden’s State of the Union address: "Using the State of the Union to politicize market fundamentals and single out stock “buy back” programs—while overlooking the fact that the Biden administration’s own policies discourage the reinvestment of earnings back into the U.S. liquid fuel supply chain—cheapens the dialog for everyone."
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